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Property profile & analytics
OFF-MARKET
Land

0 Pond Ln Concord, MA 01742

59.86 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 59.86-acre residential land parcel in Concord, MA, available for development. Located on Pond Lane in Middlesex County, zip code 01742, this property offers commanding elevated views of the Assabet River. The site is zoned for residential use, presenting a unique opportunity for a substantial development project within a thriving community. Concord boasts a strong and growing economy, with a 2020 household count of 26,915, projected to reach 27,756 by 2025. The average household income is $170,448, and the median household income is $144,960, indicating a high-income demographic. This picturesque location provides a rare chance to create a significant residential development in a desirable and affluent area. The property's convenient access at the end of Pond Lane enhances its appeal. The asking price for this exceptional land opportunity is $2,900,000.

Property profile
Verified
Property type Land
Lot 59.86 ac (2,607,502 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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